Cramer then asked if it's too early to get back into Nvidia, since his Action Alerts Plus portfolio exited their position in the stock a couple of months ago.

"I think if you believe the market's going to rally into year-end, and into the first quarter, which I do...Seasonal patterns are not working--as we discussed previously--as well as they used to. But, still, the midterm pattern is very compelling," said Chaikin. "If you believe [the market is] going to rally, you can stay with Nvidia, you don't have to trade."